Total monthly cost of ownership
Cost to Own a Home in Richland, Georgia
A $58,000 home here costs
$644per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $298. The real number is $346 higher every month — 116% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Richland against Stewart County and Georgia
| Measure | Richland | Stewart County |
|---|---|---|
| Median home value | $58,000 | $53,000 |
| Median property tax | $743 | $907 |
| Effective tax rate | 1.281% | 1.711% |
| Median gross rent | $801 | $588 |
| Population | 1,218 | 4,978 |
The weather behind that power bill
Richland sits in Stewart County, which averages a high of 92.0°F in its hottest month and a low of 33.8°F in its coldest, with 52.78" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,038 cooling and 2,289 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Stewart County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Stewart County
No other places of this size are published in Stewart County.
Full Stewart County cost breakdown · Every county in Georgia
Common questions
How much does it cost to own a home in Richland?
A $58,000 home in Richland, Georgia costs approximately $644 per month with 20% down at 6.66%. That is $298 principal and interest, $62 property tax, $25 homeowners insurance, $210 utilities and $48 set aside for maintenance.
What is the property tax rate in Richland?
Richland has an effective property tax rate of 1.281%, based on a median home value of $58,000 and median real estate taxes of $743. That is lower than the Stewart County average of 1.711%.
What is the average home price in Richland?
The median owner-occupied home value in Richland, Georgia is $58,000, against $53,000 across Stewart County.
Is it cheaper to rent or buy in Richland?
Median gross rent in Richland is $801 a month, against $644 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Richland — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Georgia.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.